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Results Are In
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Business New Haven
9/7/1998
By: Kristine Hansen
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WALLINGFORD - Novametrix Medical Systems Inc. (NASDAQ: NMTX) announced results for its first quarter 1999 ending August 2. Reflecting a four-percent increase, sales were $7.7 million compared to first quarter 1998 sales of $7.4 million. Net income reflected a 17-percent gain to $613,000 (seven cents a share, diluted), compared to first quarter 1998 net income of $524,000 (six cents diluted). The company designs and manufactures electronic medical sensors and equipment. Its stock closed down 9/16 to 4 15/16 on August 21.
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